Eric Trump, the son of US President Donald Trump, recognizes the rapid growth of USD1, a stubcoin backed by the world’s Liberty Financial (WLFI).
In just two months, digital assets awarded in dollars reached a market capitalization of $2.1 billion; 7th biggest A circulating stub coin. Stablecoin’s trajectory has attracted attention for its speed and scale, placing it ahead of several longtime players in the crypto field.
Commenting on this achievement, Eric expressed pride in the impressive rise of USD1 in his X post.
I am extremely proud of this execution! @worldlibertyfi https://t.co/mqqovixpkd
– Eric Trump (@erictrump) May 9, 2025
USD1 will rise to the market in a few weeks
After its official launch in early April, USD1 had moved quickly from its initial supply of over $3.5 million, up until April 30th.
According to data From BSCSCAN, Stablecoin has experienced a series of large mints throughout the period, with individual transactions ranging from $50 million to $99 million. These influxes reflect the prominent support and growth utilities of assets across the Binance Smart chain.
The overall Stablecoin market is valued at $245 billion, with Tether’s USDT of $149.7 billion and USDC of $60 billion. However, USD1 already outperforms PayPal USD by $871 million, Tether Gold by $818 million, and the first digital USD by $1.5 billion.
This rise places USD1 in a competitive layer within a closely monitored segment of the digital currency ecosystem.
World Liberty Financial Previously, USD1 has outlined that it maintains full assets support through a short-term mix of US Treasury equipment, liquid cash holdings and US dollar-based reserves.
As part of its operational deployment, the company is also planning to distribute a limited amount of USD1 directly to the WLFI token holders.
Its role in the $2 billion binance transaction has been confirmed
Meanwhile, USD1 Selected As the official trading medium for Abu Dhabi-based MGX’s $2 billion investment. This institutional contract, first announced by Binance in March 2025, illustrates the first major institutional arrangement of the exchange.
The identity of the Stablecoin used was initially private. However, at the Token2049 conference in Dubai, WLFI co-founder Zach Witkoff confirmed the role of USD1 in the transaction.
Confirming USD1 as a selected Stablecoin adds operational relevance to recent market growth. The agreement also provides assets with exposure to high-profile investments that enhance functionality within large financial transactions on the global platform.
